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- June 1: No updates.
- May 29: No updates.
- May 28: No updates.
- May 27: Advice Alert: Wheat producers: Finish 2025-crop sales... Wheat prices have fallen under pressure over the past week as peace prospects in the Middle East have weighed on prices, negating persistent weakness in crop conditions in the U.S. We do not carry over old-crop stocks into the new-crop marketing year. We advise selling the remaining 10% of old-crop stocks to get to 100% sold. Production concerns remain in 2026-27 amid urea flow disruptions and a large drop in acreage, prompting patience on new-crop sales. You should already be 30% sold on expected 2026-crop production.
- May 26: No updates.
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*Note: Check below daily to see if we recommend catch-up sales for individual markets.
Corn | |
|---|---|
| Cash-only marketers | 2025 crop crop: 70% sold 2026 crop: 30% sold |
| Hedgers — cash sales | 2025 crop crop: 70% sold 2026 crop: 10% sold |
| Hedgers — futures/options | On Mar. 31 we advised purchasing $4.80 December puts for 40% of expected production to establish a $4.50 price floor. |
Soybeans | |
| Cash-only marketers | 2025 crop: 90% sold 2026 crop: 30% sold |
| Hedgers — cash sales | 2025 crop: 90% sold 2026 crop: 10% sold |
| Hedgers — futures/options | On Mar. 31 we advised purchasing $11.60 November puts for 40% of expected production to establish an $11.00 price floor. |
Wheat | |
| Cash-only marketers | 2025-crop: 100% sold. 2026-crop: 30% forward sold. |
| Hedgers — cash sales | 2025-crop: 100% sold. 2026-crop: 30% forward sold. |
| Hedgers — futures/options | none |
Cotton | |
| Cash-only marketers | 2025 crop: 100% sold 2026 crop: 60% sold |
| Hedgers — cash sales | 2025 crop: 100% sold 2026 crop: 60% sold |
| Hedgers — futures/options | No position. |
Livestock | |
Cattle | |
| 1st qtr. 2026 | 0% |
| 2nd qtr. 2026 | 0% |
| 3rd qtr. 2026 | 0% |
| 4th qtr. 2026 | 0% |
| Fed cattle producers should continue to carry risk in the cash market. | |
Hogs | |
| 1st qtr. 2026 | 0% |
| 2nd qtr. 2026 | 50% |
| 3rd qtr. 2026 | 0% |
| 4th qtr. 2026 | 0% |
We advised hedging half of Q2 production on 1/28/26, followed by a recommendation to cover those hedges on 3/24/26.
| |
Feed | |
| Corn | |
| 1st qtr. 2026 | 100% |
| 2nd qtr. 2026 | 66% |
| 3rd qtr. 2026 | 0% |
| 4th qtr. 2026 | 0% |
| You have all corn-for-feed needs covered through May in the cash market. Be prepared to make additional purchases. | |
| Meal | |
| 1st qtr. 2026 | 100% |
| 2nd qtr. 2026 | 66% |
| 3rd qtr. 2026 | 0% |
| 4th qtr. 2026 | 0% |
| You have all meal for feed needs covered through May in the cash market. |